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IENT Masters WarBirds III, Fighter Pilot Academy; To Be on Retail Shelves by Early September.

Business Editors/High Tech & Entertainment Writers

CARY, N.C.--(BUSINESS WIRE)--Aug. 21, 2002

iEntertainment Network, (OTCBB: IENT) announces that it has mastered WarBirds III, Fighter Pilot Academy, a computer retail game.

Fighter Pilot Academy will reach major retail shelves worldwide during September 2002. WarBirds III, Fighter Pilot Academy will help grow IENT's revenue base both through retail royalties and subscription revenue from online players joining IENT's Internet games.

The WarBirds III, Fighter Pilot Academy, offers a brand new training system for teaching new online pilots how to take off, land, fly combat maneuvers, and bomb from World War II B-17 Bombers, fighters, tanks and more. The new program enables player control of over 45 different types of aircraft, over 10 different ground vehicles, to take off and land from aircraft carriers, and to participate in Internet recreations of major air campaigns of World War II online and in real time with players from over 70 nations around the world. WarBirds III, Fighter Pilot Academy, will be shipped by Simon and Schuster Interactive.

WarBirds III, Fighter Pilot Academy, will be on the shelves for the Christmas 2002 retail season and is the first step in IENT's strategy to grow its online subscription revenue base. The product ships with an offer for two free online play months for the purchaser of the game at retail. Special beginner flying arenas, special training, and special attention by current WarBird pilots will assist the new aviators to join the thousands of Combat Veterans who already populate IENT's WarBirds' skies.

IENT plans to ship Armored Assault, a new World War II Tank simulation by November 1, 2002. IENT has made the decision to re-enter the retail video game publishing business with Armored Assault and will market, publish, and ship to retail this new simulation to maximize revenue to IENT. This market represents $9 billion in annual sales. The online portion of this market is expected to be a $2.5 billion market by 2006 according to Jupiter Communications. IENT is well positioned to succeed in the retail publishing market, with successful sales experience in the market since 1982, with award winning simulation products, and a Patent (No. 6,042,477 Minimizing Latency Technology) on managing Internet Latency in Multiplayer Internet Games.

For 2003, IENT intends to publish Dawn of Aces III, WarBirds: Korea, and SHOCKFORCE, a mass-market hover-tank game, at retail. IENT plans also to enter the retail console publishing market in 2003, with products that play both offline and online.

WarBirds is a part of a series of award winning World War II simulations and has been named "Simulation of the Year" since 1997. A more complete description of WarBirds III and all IENT's Internet subscription products can be found at http://www.iencentral.com/corporate/licensing/.

Forward Looking Statement for IENT:

Statements in this news release pertaining to iEntertainment Network, Inc. are forward-looking statements. Actual results, performance or developments could differ materially from those expressed or implied by such forward-looking statements.
COPYRIGHT 2002 Business Wire
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Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Aug 21, 2002
Words:498
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